FAP Turbo Evolution is out

FAP Turbo Evolution is out

Posted on 14. Jul, 2009 by admin in Random Noise

Tech tipsComputer Tricks

The new EA, FAP Turbo Evolution is finally out. I wrote a post about it a few days ago, which you can check out here. I have been to the sales page, and I am not really sure what to think about it. The first impression is actually pretty good, maybe because I know how well they did with the FAP Turbo. There are a lot of arguments which makes perfect sense. The FAP Turbo Evolution is not compatible with MetaTrader like every other EA out there; you only have one choice which is to use Dukascopy, a Swiss forex broker with tight spreads. Furthermore the FAP Turbo Evolution should be an improvement of the FAP Turbo, but the trading strategy seem to be pretty much the same, namely to perform scalp trading in the Asian session, just like the old FAP Turbo. On the page they claim that one of the big problems with the FAP Turbo was that there were over 40.000 copies sold, which had a negative effect on the market due to saturation; theoretically this could make sense, but in the practice? My answer is definitely not! My best guess is that a very high percentage of the people who were using the FAP Turbo mostly were people with rather small accounts; nothing which would affect the direction of the market. This is after all, something which is mostly controlled by large banks and institutions! And I really have a hard time believing that these guys should be using an automated EA like FAP Turbo. But this is their claim, and because of this, they state that only 2000 copies will be sold; It sure seems like I have heard this before? Anyway, back to the FAP Turbo Evolution. I wrote in my last post that it would only be able to trade a single currency pair. This is, however, not true. If you watch the videos on the site you will see that it can trade 4 different pairs. I also wrote that I would expect the price of it to be somewhere close to the price of the FAP Turbo. Wrong again! FAP Turbo Evolution comes at a whopping $599! However, the EA is sold through clickbank so you will have a period of some 40 days to get your money back if you don’t like it. I am not sure about anything yet. Maybe I will give it a go. I will let you all know. Have any of you guys tried it? What were you experience with it? What about Dukascopy? Is it a broker you would recommend?

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